$20 an hour by hours worked
What the same hourly rate pays at different weekly schedules (overtime premium not included).
| Hours per week | Per week | Per month | Per year |
|---|---|---|---|
| 16 h | $320.00 | $1,386.67 | $16,640 |
| 20 h | $400.00 | $1,733.33 | $20,800 |
| 25 h | $500.00 | $2,166.67 | $26,000 |
| 30 h | $600.00 | $2,600.00 | $31,200 |
| 35 h | $700.00 | $3,033.33 | $36,400 |
| 37.5 h | $750.00 | $3,250.00 | $39,000 |
| 38 h | $760.00 | $3,293.33 | $39,520 |
| 40 h | $800.00 | $3,466.67 | $41,600 |
| 45 h | $900.00 | $3,900.00 | $46,800 |
What $20 an hour adds up to
- A $1,000 pay rise would add $748 to your take-home pay at this salary.
- Your taxable income is in the 14% federal bracket, $17,304 below the 20.5% bracket.
- Your salary is below the CPP maximum pensionable earnings, so contributions apply to every dollar above the $3,500 exemption.
- Your RRSP room from this salary is about $7,488 (18% of earned income), usable next year.
- A TFSA and an RRSP both make sense at this income: the RRSP gives a refund at your marginal rate, the TFSA grows tax-free.
$20 an hour after tax by pay period (Ontario)
Budget around your real paycheque: the table converts this salary into every common Canadian pay schedule.
| Pay period | Gross pay | Deductions | Take-home pay |
|---|---|---|---|
| Yearly | $41,600 | $7,589 | $34,011 |
| Monthly | $3,466.67 | $632.46 | $2,834.21 |
| Semi-monthly | $1,733.33 | $316.22 | $1,417.11 |
| Bi-weekly | $1,600.00 | $291.90 | $1,308.10 |
| Weekly | $800.00 | $145.95 | $654.05 |
| Daily | $160.00 | $29.19 | $130.81 |
| Hourly | $20.00 | $3.65 | $16.35 |
Take-home pay in every province and territory
Provincial taxes make a real difference. On $41,600, take-home pay ranges from $32,778 in Nova Scotia to $34,997 in Nunavut.
Where your money goes
- Take-home pay$34,01181.8%
- Federal income tax$2,8987.0%
- Ontario income tax$1,7464.2%
- CPP contributions$2,2675.4%
- Employment Insurance$6781.6%
- Federal income tax ($2,898). Federal brackets apply to $41,219 of taxable income, minus non-refundable credits such as the basic personal amount.
- Ontario income tax ($1,746). Each province has its own brackets and credits, and Ontario adds a surtax and the Ontario Health Premium.
- CPP contributions ($2,267). Builds your public pension; your employer pays the same amount on top.
- Employment Insurance ($678). Insurance for job loss, sickness and parental leave, up to the maximum insurable earnings.
Frequently asked questions
$20 an hour is how much a year?
$41,600 a year before tax, based on 40 hours a week and 52 weeks.
$20 an hour is how much a month?
About $3,466.67 per month before tax.
$20 an hour is how much a week?
$800.00 per week before tax for 40 hours.
How much is $20 an hour after tax?
About $34,011 a year, or $16.35 per hour in Ontario.
Figures use CRA and Revenu Québec 2026 federal and provincial brackets, basic personal amounts, CPP/QPP, EI and QPIP rates for an employee. Read our methodology. Last updated September 25, 2026. Estimates for information only, not tax advice.